Brazil is considered one of the most lucrative healthcare markets in Latin America with highest healthcare expenditure. Strong government support and superior healthcare services demand are some of the major factors propelling the country’s healthcare market to grow at a fast pace. The Brazilian Government has adopted several initiatives and implemented proper plans and policies that resulted in positive development of the overall healthcare services and facilities. Of the total public sector expenditure, healthcare constituted 14% share during 2008. Moreover, healthcare spending in the country is anticipated to grow at a CAGR of 8.6% during 2012-2015.
As per our findings, the future outlook of Brazil healthcare IT-industry is quite optimistic as hospitals in the country are investing huge amount of money in information technology. In addition, world's leading healthcare IT-companies are also looking towards Brazil as an ideal destination for their business expansion. For instance, Agfa HealthCare has acquired Brazil's healthcare IT-company and also into partnership with hospitals to provide IT-solutions in the country. In such a scenario, the sector offers significant attraction to several stakeholders, and those participating in the industry developments.
Among the healthcare sectors, the pharmaceutical market in the country witnessed tremendous growth, especially generics market. With several factors, such as increasing patent expiries and greater generic company involvement in Brazil, the segment is anticipated to be a leading factor for growth of the pharmaceutical market in the country.
Our report, "Brazil Healthcare - New Opportunities for Growth", covers all the necessary aspects of the Brazilian healthcare market, providing an in-depth research and prudent analysis of the key segments. Various segments covered in the report include: Hospital Services Industry, Pharmaceutical Industry, Medical Devices Industry, Healthcare IT-industry and other emerging market segments. The report presents an insight into the current industry trends; key market drivers, and the government initiatives to enable clients understand the market structure and it's prospective during the forecast period. It also covers detailed information about the active market players in hospital services, pharmaceutical, medical devices, and healthcare IT-sector.
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